Before we head into the weekend, let’s take a look back at the week that was and some of the metals-related storylines here on MetalMiner: MetalMiner’s Stuart Burns took a look at Rusal and the impact U.S. sanctions have had on the Russian aluminum giant since April. In case you missed it, our August Monthly […]
Category: Commodities
Copper Price Falls as BHP Says Deal is Reached to Avoid Escondida Strike
The breaking news this week is that Chile’s Escondida mine operator BHP has announced it looks like a strike has been averted and that a settlement plan is being put to the workers. That is good news for a market widely expected to go into deficit this year, according to Mining.com. But the prospect of […]
This Morning in Metals: China Responds to U.S. with $16B in Tariffs
This morning in metals news, China responds to the U.S.’s $16 billion in tariffs with the same amount in return, China’s additional announced $60 billion tariff threat could have a significant impact on the liquefied natural gas sector and copper traded flat yesterday. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook […]
This Morning in Metals: AIIS Seeks Funds for Section 232 Lawsuit
This morning in metals news, a trade association looks to raise money to support its lawsuit against the Section 232 steel tariff, Honda’s quarterly earnings hit a 12-year high and the oil price’s recent dip may just be temporary. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook American Institute for International […]
Week in Review: India’s Coal Shortage, LMEselect and USTR Tariff Hearings
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner®: Need buying strategies for steel? Try two free months of MetalMiner’s Outlook India has a coal shortage that comes to the benefit of the U.S. coal industry. Stuart Burns delves […]
India’s Coal Shortage is U.S. Miners’ Gain
What is one man’s meat is another’s poison. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The proverb seems to be true for India’s coal supply woes. The country’s power ministry has advised all provinces to start importing coal for the next three years in order to operate their power plants […]
This Morning in Metals: Canada Mulls Blanket Steel Tariff
This morning in metals news, Canada could respond to the U.S. steel tariff with a broad global tariff of its own, the governor of Texas says the metals tariffs could harm the oil and gas sectors, and India could be the recipient of a flood of redirected Chinese steel. Need buying strategies for steel? Try […]
LNG Consumption Rises in Several Markets As Costs Fall
The diverse drivers of expanding renewable energy and demand for liquefied natural gas (LNG) are in turn stimulating demand for stainless steels and aluminum. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook Perversely, the growing competitiveness of renewable energy is making the use of natural gas less economic for baseload power generation. However, […]
The Oil Price Is at a Crossroads
After a sharp run up from the middle last year, the oil price is hovering below U.S. $80 per barrel. The market is finely balanced in terms of threats to supply and still has robust demand growth. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Capacity cuts implemented by Russia, OPEC […]
Best Friends Donald Trump and Saudi Arabia Are at Odds Over the Oil Price
President Donald Trump has signaled his displeasure at aspirations expressed by Saudi Arabia at a recent OPEC meeting with respect to an extension in the current supply deal between OPEC and non-OPEC members for continued supply constraints with a view to higher prices. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook […]
